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Cyberattack Strikes Chinese Shipper Cosco

PYMNTS

The transaction gave the company control over a large container terminal in Port of Long Beach, in California. Officials at the Port of Long Beach said the terminal’s operations currently weren’t affected. “We The attack comes soon after Cosco took over one of its Asian rivals, Orient Overseas Container Lines.

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F&M Bank in Calif. Boosts 3Q Profit on Loan Growth, Securities

American Banker

Profit at Farmers & Merchants Bank of Long Beach in California improved in the third quarter, due to loan growth and increased securities income.

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Chapter 11 Watch: Sears Watch, Restaurant Woes And Kim Kardashian’s Bodyguard

PYMNTS

The Azeri Deposit Insurance Fund is acting as the bank’s liquidator and has received the equivalent of $288 million from the country’s central bank to secure deposits. Hanjin Shipping Co., According to New York Daily News , 43-year-old Duvier filed for bankruptcy protection in his native Germany on July 22, citing about $1.2

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LA Tech Map: The Most Well-Funded Tech Startups By City In Greater LA

CB Insights

Long Beach. Huntington Beach. Manhattan Beach. Obsidian Security. Newport Beach. Marina del Rey. Studio City. Sherman Oaks. MobileCause. Agoura Hills. Laurel & Wolf. West Hollywood. Reloaded Games. Seven Lakes Technologies. Westlake Village. 3PL Central. Laguna Hills. mPulse Mobile. Health Data Vision.